China On Path to World Domination in Ecommerce
Emerging markets in Asia-Pacific have fueled China’s business-to-consumer e-commerce markets. In 2014, Chinese consumers are to spend more on online purchases than in the U.S. market. As can be seen in the chart below, China is dominating worldwide e-commerce sales growth by a remarkable 63.8%. India comes in second with a distant 31.5%.
Taobao, a consumer-to-consumer platform, the Chinese search-engine Baidu and the ‘Amazon of China’, Dang Dang count among the world’s largest internet companies and have created an online infrastructure that can no longer be defined as that of a developing country.
According to the study, although the U.S. are still in the top spot as far as overall sales are concerned, China is expected to catch up by 2014.
- B2C e-commerce sales in the United Kingdom (UK) 2012-2017B2C e-commerce sales in the United Kingdom (UK) 2012-2017
- Share of B2C e-commerce sales in Finland 2014, by product group and store locationShare of B2C e-commerce sales in Finland 2014, by product group and store location
- Change in B2C e-commerce sales in Finland 2010-2014, by product groupChange in B2C e-commerce sales in Finland 2010-2014, by product group
- PayPal: annual mobile payment volume 2008-2016PayPal: annual mobile payment volume 2008-2016
- E-commerce sales in the United Kingdom (UK) 2008-2015E-commerce sales in the United Kingdom (UK) 2008-2015
- United States: retail e-commerce sales 2013-2021United States: retail e-commerce sales 2013-2021
- E-commerce turnover in Sweden 2012-2016E-commerce turnover in Sweden 2012-2016
- Mobile e-commerce growth in Scandinavia 2012-2016Mobile e-commerce growth in Scandinavia 2012-2016
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